North Carolina Estate Planning BlogNorth Carolina Estate Planning Blog North Carolina Estate Planning Bloghttp://ncestateplanningblog.com/bc-1-Advance Directives
2018 North Carolina Estate Planning BlogPenalties for Executors Due to Attorney FaultA recent court ruling serves as a reminder of the personal financial liability executors may face evhttp://ncestateplanningblog.com/blog-1074-Penalties+for+Executors+Due+to+Attorney+Fault
Wed, 16 Nov 2016 12:12:12 EST3 Questions to Ask if You Own Real Property With Joint Title in NCThere are several ways to hold joint title to real property in North Carolina. The method of titlinghttp://ncestateplanningblog.com/blog-1014-3+Questions+to+Ask+if+You+Own+Real+Property+With+Joint+Title+in+NC
Wed, 23 Sep 2015 00:00:00 EDTPhone Scam Using Our Firm NameBe advised we do not make unsolicited phone calls to persons with whom we have no prior relationshiphttp://ncestateplanningblog.com/blog-1000-Phone+Scam+Using+Our+Firm+Name
Wed, 24 Jun 2015 12:12:12 EDTLooking Ahead: Rising Nursing Home Costs in North CarolinaWhen retirement saving makes headlines, it is often to highlight that Americans are not saving enoughttp://ncestateplanningblog.com/blog-993-Looking+Ahead:+Rising+Nursing+Home+Costs+in+North+Carolina
Sun, 24 May 2015 12:12:12 EDTTax Concerns for New DomicileLiving in one state while claiming domicile in another could offer many benefits depending on the juhttp://ncestateplanningblog.com/blog-992-Tax+Concerns+for+New+Domicile
Sat, 23 May 2015 12:12:12 EDTLast-Minute Estate Planning in North CarolinaForbes cited a survey in 2014 that revealed 51% of Americans aged 55 to 64 do not have an estate plahttp://ncestateplanningblog.com/blog-4-Last-Minute+Estate+Planning+in+North+Carolina
Thu, 09 Apr 2015 12:12:12 EDT10 Things to Ask Your Accountant: Small Biz WebinarOur tax attorneys in Chapel Hill recently reviewed the advantages and disadvantages of investing or http://ncestateplanningblog.com/blog-6-10+Things+to+Ask+Your+Accountant:+Small+Biz+Webinar
Mon, 30 Mar 2015 12:12:12 EDTInvest or Gift This Year’s Tax Refunds?During tax season, filers try to maximize their deductions. Proper tax planning helps minimize tax dhttp://ncestateplanningblog.com/blog-10-Invest+or+Gift+This+Year’s+Tax+Refunds?
Mon, 16 Mar 2015 12:12:12 EDTProtect Yourself From Tax Preparer FraudEach year our tax attorneys in Chapel Hill review common tax scams. One particular scam the Internalhttp://ncestateplanningblog.com/blog-20-Protect+Yourself+From+Tax+Preparer+Fraud
Fri, 06 Feb 2015 12:12:12 ESTState Residency and Domicile in Estate PlanningTax, probate, and asset protection laws in each state vary. Individuals might want to establish resihttp://ncestateplanningblog.com/blog-22-State+Residency+and+Domicile+in+Estate+Planning
Thu, 29 Jan 2015 12:12:12 ESTNorth Carolina 2014 Tax Year Changes to NoteIndividuals and businesses across North Carolina are approaching the end of the 2014 tax year. Our thttp://ncestateplanningblog.com/blog-33-North+Carolina+2014+Tax+Year+Changes+to+Note
Fri, 12 Dec 2014 12:12:12 ESTPending Court Case May Affect ‘Double Income Tax’A couple’s case addressing the taxation of out-of-state income by their resident state is currentlhttp://ncestateplanningblog.com/blog-44-Pending+Court+Case+May+Affect+‘Double+Income+Tax’
Mon, 27 Oct 2014 12:12:12 EDTGifting Trends Among WealthyHow and why individuals choose to donate to charities are influenced by several factors. Tax incentihttp://ncestateplanningblog.com/blog-47-Gifting+Trends+Among+Wealthy
Mon, 20 Oct 2014 12:12:12 EDTTax Requirements for North Carolina TrustsIn many states, an important factor in determining whether the trust is taxable is where the benefichttp://ncestateplanningblog.com/blog-63-Tax+Requirements+for+North+Carolina+Trusts
Thu, 10 Jul 2014 12:12:12 EDT4 Tax Considerations for Parents of Special Needs ChildrenSpecial needs children may require the expenditure of significant sums for day-to-day healthcare, hohttp://ncestateplanningblog.com/blog-72-4+Tax+Considerations+for+Parents+of+Special+Needs+Children
Wed, 21 May 2014 12:12:12 EDTNon-Tax Benefits of Family Limited Liability CompaniesFamily Limited Liability Companies (FLLC) are one of several asset protection tools used to preservehttp://ncestateplanningblog.com/blog-80-Non-Tax+Benefits+of+Family+Limited+Liability+Companies
Mon, 28 Apr 2014 12:12:12 EDTLook Out For Tax ScamsFraudulent companies and individuals take advantage of American taxpayers every year. The tax scammehttp://ncestateplanningblog.com/blog-97-Look+Out+For+Tax+Scams
Tue, 04 Feb 2014 12:12:12 EST3 Year-End Giving Tips: Use All Your DeductionsThe holiday season hits Americans just as the tax year is coming to an end. While most people are dihttp://ncestateplanningblog.com/blog-220-3+Year-End+Giving+Tips:+Use+All+Your+Deductions
Mon, 23 Dec 2013 12:12:12 ESTImportant Tax Steps for Same-Sex Couples in NCEven though North Carolina does not grant or recognize same-sex marriages, the Internal Revenue Servhttp://ncestateplanningblog.com/blog-126-Important+Tax+Steps+for+Same-Sex+Couples+in+NC
Tue, 22 Oct 2013 12:12:12 EDTTop 5 States for Dynasty TrustsDynasty trusts in North Carolina offer creditor and asset protection for future generations while athttp://ncestateplanningblog.com/blog-128-Top+5+States+for+Dynasty+Trusts
Thu, 17 Oct 2013 12:12:12 EDTNorth Carolina Back Tax ScamLast week the North Carolina Department of Revenue released a warning in response to reports of backhttp://ncestateplanningblog.com/blog-138-North+Carolina+Back+Tax+Scam
Mon, 07 Oct 2013 12:12:12 EDTNC Estate Tax Repeal RetroactiveEarlier in 2013, Forbes ranked North Carolina as one of the top states in the nation “Where Not tohttp://ncestateplanningblog.com/blog-156-NC+Estate+Tax+Repeal+Retroactive
Thu, 01 Aug 2013 12:12:12 EDTTax Tips for Charity TravelDo you travel for charity? You may not be taking advantage of the many tax breaks that the federal ghttp://ncestateplanningblog.com/blog-158-Tax+Tips+for+Charity+Travel
Tue, 30 Jul 2013 12:12:12 EDTTax Concerns When Modifying TrustsIn May 2013, the Internal Revenue Service issued a Private Letter Ruling addressing tax concerns reshttp://ncestateplanningblog.com/blog-173-Tax+Concerns+When+Modifying+Trusts
Mon, 17 Jun 2013 12:12:12 EDTKids in College? North Carolina Income Tax Changes for ParentsParents are allowed to take a federal and state income tax deduction for each dependent child. Howevhttp://ncestateplanningblog.com/blog-191-Kids+in+College?+North+Carolina+Income+Tax+Changes+for+Parents
Thu, 02 May 2013 12:12:12 EDT5 Final Hour Tax Filing ErrorsEntering the wrong routing and account numbers.Filers often elect to receive their refund via directhttp://ncestateplanningblog.com/blog-200-5+Final+Hour+Tax+Filing+Errors
Fri, 12 Apr 2013 12:12:12 EDTNorth Carolina’s Estate Tax: Dying Out?Most of the country’s attention has been on federal estate tax changes made by the American Taxpayhttp://ncestateplanningblog.com/blog-214-North+Carolina’s+Estate+Tax:+Dying+Out?
Thu, 14 Feb 2013 12:12:12 EST2013 Estate and Gift Tax Exemption Set at $5.25MJust over a week since tax legislation changes were made in the last-minute fiscal cliff deal, the Ihttp://ncestateplanningblog.com/blog-218-2013+Estate+and+Gift+Tax+Exemption+Set+at+$5.25M
Tue, 01 Jan 2013 12:12:12 EST10 Tips from a Tax Lawyer for 2010 and 2011Last week I was interviewed regarding income and estate taxes in 2010 and 2011 offering tips and inshttp://ncestateplanningblog.com/blog-404-10+Tips+from+a+Tax+Lawyer+for+2010+and+2011
Mon, 31 Jan 2011 12:12:12 EST2010 Tax Relief Act Passes HouseLast night the House passed HR 4853 by a vote of 277-148 approving the Tax Relief Act of 2010 as pashttp://ncestateplanningblog.com/blog-419-2010+Tax+Relief+Act+Passes+House
Fri, 17 Dec 2010 12:12:12 EST2010 Tax Relief Act Passes SenateThe Senate has passed (by vote of 81-19) the Tax Relief, Unemployment Insurance Reauthorization, andhttp://ncestateplanningblog.com/blog-421-2010+Tax+Relief+Act+Passes+Senate
Wed, 15 Dec 2010 12:12:12 ESTTax Breaks to Disappear in 2011?Congress left Washington with a big pile of unfinished tax issues still on the table. Under tax lawshttp://ncestateplanningblog.com/blog-441-Tax+Breaks+to+Disappear+in+2011?
Tue, 26 Oct 2010 12:12:12 EDTHelping Elderly Parents in Dealing with the IRSBrian Dooley, CPA in his International Tax Counselor’s Blog, recently authored a helpful post on thttp://ncestateplanningblog.com/blog-442-Helping+Elderly+Parents+in+Dealing+with+the+IRS
Wed, 20 Oct 2010 12:12:12 EDTIRS Guidance for Executors of 2010 EstatesGiven the new basis reporting requirement for the estate of decedents dying in 2010, these new FAQ fhttp://ncestateplanningblog.com/blog-460-IRS+Guidance+for+Executors+of+2010+Estates
Wed, 08 Sep 2010 12:12:12 EDTIncome Taxation of Estates – a Brief OverviewIn North Carolina it is not uncommon for persons to handle administration of a decedent’s estate whttp://ncestateplanningblog.com/blog-548-Income+Taxation+of+Estates+–+a+Brief+Overview
Sat, 30 Jan 2010 12:12:12 ESTIRS Announces Pension Plan Limits for 2009http://ncestateplanningblog.com/blog-772-IRS+Announces+Pension+Plan+Limits+for+2009
Fri, 17 Oct 2008 12:12:12 EDTEstate and Income Tax Reduction Strategies in a Bear Market 1) If you are not selling options or using margin trading, you should revoke your margin agreementshttp://ncestateplanningblog.com/blog-779-Estate+and+Income+Tax+Reduction+Strategies+in+a+Bear+Market
Wed, 08 Oct 2008 12:12:12 EDTA QTIP is Not Just for Your EarsEstate planners love acronyms, and one of the most common when referring to a particular type of truhttp://ncestateplanningblog.com/blog-878-A+QTIP+is+Not+Just+for+Your+Ears
Sat, 22 Sep 2007 12:12:12 EDTHouse Passes Ban on Tax Strategy PatentsOn September 7, the U.S. House of Representatives passed H.R. 1908, The Patent Reform Act of 2007. http://ncestateplanningblog.com/blog-880-House+Passes+Ban+on+Tax+Strategy+Patents
Thu, 13 Sep 2007 12:12:12 EDTNC Senate Proposes Reduction in Top Income Tax RateLast week the North Carolina Senate produced its version of the state budget, which included:http://ncestateplanningblog.com/blog-901-NC+Senate+Proposes+Reduction+in+Top+Income+Tax+Rate
Mon, 04 Jun 2007 12:12:12 EDTFiling Taxes Early Can be a MistakeAn article in yesterday’s Wall Street Journal discusses the problem of financial services firms prhttp://ncestateplanningblog.com/blog-948-Filing+Taxes+Early+Can+be+a+Mistake
Thu, 25 Jan 2007 12:12:12 ESTTax Relief and Health Care Act of 2006The Tax Relief and Health Care Act of 2006 was passed into law this week, extending the State and Lohttp://ncestateplanningblog.com/blog-954-Tax+Relief+and+Health+Care+Act+of+2006
Fri, 29 Dec 2006 12:12:12 EST